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Matthew Mercier

Matthew Mercier
Flooding – A Business Risk Mitigated by Planning and Insurance

August 8, 2019 By Bill Stitt, Matthew Mercier

Flooding – A Business Risk Mitigated by Planning and Insurance

A storm’s impact can disrupt an entire supply chain network – manufacturers, distributors, warehouses and retailers. Supply chain disruptions and even short power outages can paralyze a business. Flood waters can take down a manufacturing operation for days or weeks, damage roads and bridges essential for product delivery, and destroy warehoused inventory. A well-executed insurance plan will provide a measure of insulation should damage be sustained.

As Risks Go, Flood Beats Fire 5 to 1

August 5, 2019 By Bill Stitt, Matthew Mercier

As Risks Go, Flood Beats Fire 5 to 1

Environmental activities can trigger many risks, including increased and different storm events, flooding and sea-level rise. Larger storm events and changes in precipitation amounts and type (rain vs. snow) can greatly affect water supplies, storm-water design and landscaping options for developers. Property owners will want to ensure that risks are properly assessed and mitigated.

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